RML.AX
Price:
$0.053
Market Cap:
$62.08M
Resolution Minerals Limited, a resource company, engages in the acquisition, exploration, and development of precious, battery, and strategic metal projects. The company primarily explores for gold, copper, cobalt, vanadium, iron ore, and uranium deposits. Its flagship project is the 64North project located within the Tintina gold province, Alaska. The company was formerly known as Northern Cobalt Limited and changed its name to Resolution Minerals Limited in November 2019. Resolution Minerals Limited was incorporated in 2017 and is headquartered in Adelaide, Australia.
Industry
Industrial Materials
IPO Date
2017-09-22
Stock Exchange
ASX
Ticker
RML.AX
According to Resolution Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 44.67% compared to the average of 0.98 of the last 4 quarters.
The mean historical Current Ratio of Resolution Minerals Limited over the last ten years is 86.14. The current 1.42 Current Ratio has changed 64.99% with respect to the historical average. Over the past ten years (40 quarters), RML.AX's Current Ratio was at its highest in in the June 2017 quarter at 748.16. The Current Ratio was at its lowest in in the December 2016 quarter at 0.
Average
86.14
Median
3.54
Minimum
1.04
Maximum
748.16
Discovering the peaks and valleys of Resolution Minerals Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 95.82%
Maximum Annual Current Ratio = 748.16
Minimum Annual Increase = -99.02%
Minimum Annual Current Ratio = 1.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.42 | 36.60% |
| 2024 | 1.04 | -70.59% |
| 2023 | 3.54 | 9.94% |
| 2022 | 3.22 | 95.82% |
| 2021 | 1.64 | -57.10% |
| 2020 | 3.83 | -25.05% |
| 2019 | 5.11 | -30.14% |
| 2018 | 7.31 | -99.02% |
The current Current Ratio of Resolution Minerals Limited (RML.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.00
5-year avg
2.17
10-year avg
86.14
Resolution Minerals Limited’s Current Ratio is less than Waratah Minerals Limited (7.23), less than Aldoro Resources Limited (5.38), greater than Australian Vanadium Limited (1.11), less than Diatreme Resources Limited (1.71), greater than Anson Resources Limited (1.39), less than Boab Metals Limited (17.10), greater than Native Mineral Resources Holdings Limited (0.11), less than KGL Resources Limited (2.63), greater than Hastings Technology Metals Limited (1.01), less than Elementos Limited (1.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.23 | $82.15M | |
| 5.38 | $99.55M | |
| 1.11 | $86.70M | |
| 1.71 | $90.15M | |
| 1.39 | $113.30M | |
| 17.10 | $114.32M | |
| 0.11 | $60.20M | |
| 2.63 | $113.29M | |
| 1.01 | $122.91M | |
| 1.87 | $84.19M |
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